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Toronto, ON M3B 0A7

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Top 3 Reasons to Buy a Home in Wexford in 2016

Top 3 Reasons to Buy a Home in Wexford in 2016

The end of 2016 is in sight and still it seems to be a great time to find reputable realtors in Wexford and purchase the home of your dreams. While the economy is still in a slump, it seems that there is no better time to scour the area for homes for sale in Wexford. If you are still on the fence about whether to purchase a home now or wait until the beginning of 2017, read on below for a few of the reasons that it’s a good idea to buy now.

Record Low-Interest Rates

It is possible that the interest rates on luxury homes for sale in Wexford could creep up at any time, so it’s not advisable to just wait until the beginning of the year to start searching for your dream home. Instead, go ahead and find it now and get settled in for the long, hard winter to come. There is nothing like being in your own house when the weather gets bad and the holidays come around.

Rents are on the Rise

In case you haven’t noticed, it’s getting tougher and tougher to find a decent rental home at a decent price. Rents are on the rise and if you are going to pay a ton to rent a home, why not contact the real estate agents in Wexford instead and pay on something that is yours. In most areas today, the price of renting a home by the month is the same price as paying a monthly mortgage, so buying your own home is a great financial decision as well.

Down Payments Are Manageable

There are quite a few programs out there today that will help prospective buyers keep the down payment they have to have for a home down to a manageable level. One of the top reasons that renters don’t become buyers sooner is because they can’t come up with a huge down payment. Now it is easier for them, and nothing is holding them back.
These are just a few of the reasons that buying a home in Wexford in 2016 is a great idea. For more information on the homes in the Wexford area, contact the professionals at Scarborough Real Estate Group today.